Nathan Payne and Corey offered $186,000 on a property listed at $180,000, then panicked until a REIA contact bought it for $205,000. They made $19,000 despite negotiating backwards, and learned that panic and networking can somehow work out.
and a sigh of relief, even though he offered $6,000 more than what they had asked for. It was a sigh of relief because they said, yes, let's do it. Let's sign the paperwork. Later, I was like, man, Corey, why did you offer $6,000 more than what they asked for? They asked for $180,000. They would have probably done it at $180,000. And he's like, I don't know, man. I just froze. I just, I just blurted out what sounded good. I offered $186,000. So we were struggling to find buyers at this point for this one. But luckily we were able to find a guy. I think it was from going to REIA meetups. We found a guy that offered $205,000 for the property. So that means we made $19,000 on this deal. And when we blundered the negotiations, obviously we got it priced at work where we can make $19,000, but it just was ridiculous. Like, I froze, he froze. I can't be mad at Corey for offering $6,000 more than what the seller asked, but that's what happened. And, you know, to this day, it's hilarious to remember that situation where I didn't want to make the offer, so I threw it on him. And, you know, I guess he just took the move. I don't even know how to say. He just, he went for it, okay?
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